Market News
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Stocks in news: TCS, JSW Infra, Craftsman Automation, IIFL Finance, Transrail Lighting
Indian markets showed a positive trend on Monday, recovering some of Friday's dips, buoyed by global sentiment and strong performance in the banking sector. Several companies are making headlines: JSW Infrastructure is raising funds for expansion, TCS will announce its quarterly results and a potential interim dividend, and Craftsman Automation's promoter plans a stake sale.
ET Graphics: The crown in 2025 goes to a royal whisky brand
In a significant shift, Royal Stag has claimed the title of the world's largest-selling whisky brand by volume, dethroning McDowell's after a decade. This milestone highlights the surging growth of Indian-made foreign liquor, which now constitutes over 25% of global large spirits brands. Six of the top ten whisky brands are now Indian, underscoring the nation's growing influence in the international spirits market.
'It’s been a minute', tweets Kunal Shah as he is appointed WhatsApp's global CEO by Meta— Who is he?
Hours after Meta announced CRED founder Kunal Shah as WhatsApp's new boss, the entrepreneur shared a post looking back on his journey from exiting FreeCharge to building one of India's most valuable fintech startups.
Meet Kunal Shah, The Man Tasked To Head WhatsApp Globally In A Challenging Tech Space
Kunal Shah will join Meta and succeed Will Cathcart as the global head of WhatsApp.
Paras Defence shares fall over 2% after 30% rally in 3 sessions. What are charts suggesting?
Paras Defence shares saw a dip after a significant rally, yet technicals suggest a bullish trend supported by strong momentum. Foreign investors are increasing their stake, reflecting optimism in India's booming defence manufacturing sector. Indigenous production has surged, driven by the 'Aatmanirbhar Bharat' initiative, with private players contributing substantially. Experts foresee a promising future for the Indian defence industry, bolstered by global geopolitical shifts and increased domestic spending.
DeepSeek To MiniMax — China Takes The Crown In Global AI Usage, Leaves US Rivals Behind
DeepSeek V4 Flash was the most popular model with 4.63 trillion tokens.
Air India at a crossroads as Tata weighs Nipun Aggarwal, Vinod Kannan for next CEO, says report
Air India's leadership race is heating up with Nipun Aggarwal and Vinod Kannan as top contenders to steer the airline through turbulent times. Aggarwal, a key figure in its transformation, faces scrutiny over global experience, while Kannan brings proven leadership from Vistara. The decision, however, is complicated by internal power dynamics at Tata Sons and the airline's ongoing challenges, including operational disruptions and the aftermath of a tragic crash.
Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaul
Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green chemicals. This strategy aims to create new revenue streams and reduce exposure to global energy market volatility. Reliance is committed to ensuring India's energy security by future-proofing its legacy business and building new growth engines.
Stocks in news: TCS, Infosys, RIL, HDFC Bank, Waaree Renewable
Indian markets saw a positive trend on Thursday, marking a fifth consecutive day of gains. Supportive global sentiment fueled the rally. Key companies like TCS, Infosys, RIL, HDFC Bank, and Waaree Renewable are in focus due to recent developments. Investors are watching for updates from Reliance Industries' AGM and news from other major firms.
Textile stocks gain as upcoming UK and EU FTAs to grant zero duty access, boost export prospects
For home textiles, Indo Count Industries, Pearl Global and Welspun Living are the key beneficiaries. While Indo Count Industries and Pearl Global have a 4% - 5% UK exposure, Welspun Living's UK and EU exposure was 18% in financial year 2025.
Stocks in news: IFCI, Tata Motors, General Insurance Corp, Corona Remedies, HFCL
Markets extended their winning streak for the fourth consecutive session, driven by favorable global cues and sustained sector-wide buying. The Nifty reclaimed the 24,000 mark, approaching the 100-day EMA near 24,150. Stocks like IFCI, Tata Motors, and HFCL are in focus due to significant news developments, including IPO filings, turnaround projections, and major order wins.
Jeh Aerospace signs multi-year manufacturing pact with Solestra for dedicated unit in Hyderabad
Hyderabad's Jeh Aerospace is partnering with North America's Solestra Group to establish a dedicated manufacturing center. This Global Manufacturing Center will serve as an exclusive production cell for Solestra, enhancing its capacity and cost-competitiveness. The collaboration aims to diversify global aerospace supply chains and build manufacturing strength outside traditional hubs, focusing on high-precision mechanical systems for aero-engine and aircraft applications.